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. >> what does this mean for our economy? diane macedo has more. >> if the ceo's latest predictions are right they set a record for 2013 for the longest period of high unemployment since the great depression. that's because the office expects the economy to grow 1.4 percent thanks in part to the expiration of the bush tax cuts and automatic spending cuts currently set to kick in in march. debt is expected to remain historically high relative to the economy. by 2023 current laws remain in place debt will equal 77 percent of gdp and be on an upward path. that means when interest rates rise to more normal levels interest on payments will rise. investors may lose confidence in the government's abilities to manage budgets. it leaves many key budget issues unresolved including the spending cuts a potential shut down in mid march and the deadline for the u.s. to hit the debt ceiling. while the outcome could make it worse one bright spot growth is expect to do pick up from 2014 to 2018 as the effect of the housing financial criess is
. >> what does this mean for our economy? diane macedo has more. >> if the ceo's latest predictions are right they set a record for 2013 for the longest period of high unemployment since the great depression. that's because the office expects the economy to grow 1.4 percent thanks in part to the expiration of the bush tax cuts and automatic spending cuts currently set to kick in in march. debt is expected to remain historically high relative to the economy. by 2023 current laws...
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Feb 2, 2013
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that the obama economy is not working. you look at the gdp number, what is interesting, part of the reason why it contracted, there were cuts to defense spending. the obama administration saying this is an indication that spending cuts, what republicans calling for, don't necessarily work. the thing that is sort of looming over this mixed bag, this economy picture that we got this week, are, of course, these fiscal fights coming up on the horizon. republicans and democrats will have to deal with that. first up, the sequester which could potentially work in deeper spending cuts to defense spending, nondiscretionary spending. that's something that the white house, that congress will really have to deal with, and that's sort of first up on the list of fiscal fights in a series of them, alex, on the horizon. >> kristen welker, thank you for that. we'll see you in the best of office politics in a half an hour. >>> later on, new campaign for immigration reform. a new report suggests it may not be much of a help for the republica
that the obama economy is not working. you look at the gdp number, what is interesting, part of the reason why it contracted, there were cuts to defense spending. the obama administration saying this is an indication that spending cuts, what republicans calling for, don't necessarily work. the thing that is sort of looming over this mixed bag, this economy picture that we got this week, are, of course, these fiscal fights coming up on the horizon. republicans and democrats will have to deal...
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Feb 4, 2013
02/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> on our radar this morning, senator menendez finds backing from his colleagues, a sudden resignation in nebraska and 500-year-old bones prove to be a famous medieval king. let's start with harry reid offering some words of support for new jersey senator and current foreign relations committee chairman menendez. >> he was a leader in the house, he's been a leader in the senate, he's chairman of that committee, he'll do a wonderful job and he's an integral part of what we do with immigration reform so i have the utmost confidence in him. >>> nebraska's republican governor lieutenant govern rick sheehy resigned saturday for what the state described as "
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> on our radar this morning, senator menendez finds backing from his colleagues,...
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Feb 5, 2013
02/13
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not the growth of china's economy. do you all think that the new leaders -- are more pragmatic in their approach? after the 18th party congress, our party and government will lead the chinese people to achieve the goal of beauty. fulfill the chinese dream. >> my question for you is, the president mentioned the rule by law. -- society, how could it be achieved and what is your perspective as a banker? >> i think that is the basic benchmark when we talk about rule by law. that is something fundamental. as president lee mentioned about the reform of the government, i believe the chinese reform, the emerging task is actually how to reform the government business assess from -- process from government approval. all kinds of things need to be approved by the government. i think this should be reformed. we have already mentioned that the market should play the fundamental role in the economy. that has already been mentioned. in the recent few years, this voice has been weakened. for any financial or economic crisis happening
not the growth of china's economy. do you all think that the new leaders -- are more pragmatic in their approach? after the 18th party congress, our party and government will lead the chinese people to achieve the goal of beauty. fulfill the chinese dream. >> my question for you is, the president mentioned the rule by law. -- society, how could it be achieved and what is your perspective as a banker? >> i think that is the basic benchmark when we talk about rule by law. that is...
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it could weaken our economy. a could cost us jobs. not just now, but in the future. what we need is a balanced approach. an approach that says let's cut would we can afford, but make the investments we cannot afford to live without. investment in education, research thomas development. -- of research, development. republicans and democrats have worked together to reduce our deficit by $2.5 trillion. that is a good start, but to get the rest of the way, we need a balanced set of reforms. for example, we need to lower the cost of health care like programs like medicare. we cannot pass the burden. these reforms must go hand-in- hand with eliminating excess spending in our tax code so that the wealthiest cannot take advantage of loopholes and reductions that are not available to most americans. 2012 can be a year of solid growth and more jobs and higher wages. -- 2013 can be a year of solid growth and more jobs and higher wages. everyone in washington needs to focus on what is right for the country, on what is right for you and your families. that is how we will get our
it could weaken our economy. a could cost us jobs. not just now, but in the future. what we need is a balanced approach. an approach that says let's cut would we can afford, but make the investments we cannot afford to live without. investment in education, research thomas development. -- of research, development. republicans and democrats have worked together to reduce our deficit by $2.5 trillion. that is a good start, but to get the rest of the way, we need a balanced set of reforms. for...
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Feb 1, 2013
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today's monthly jobs report only confirmed that slowly but surely we're adding jobs to the economy. in fact, those jobs we added in november and december turns out the government underestimated how many there were, and as one cnbc contributor jokingly put it, the u.s. is threatened by job inflation. it's good news for the white house, right? yes, but between gun safety, immigration reform, the sequester, the budget, and a number of the international crises, there is no rest for the weary. in fact, there's a phrase the white house likes to repeat to describe this very fact. >> certainly in my job but i think congress as well, they've got to be able to walk and chew gum at the same time. so we can focus on jobs. >> we have to both walk and chew gum at the same time. >> walk and chew gum at the same time. >> all right. joining us now, michelle cottle, d.c. correspondent for the daily beast and "newsweek" whose latest issue profiles hillary clinton, and julian epstein, a democratic strategist. welcome to you both. >> thanks. >> good afternoon. >> julian, how is the white house successfu
today's monthly jobs report only confirmed that slowly but surely we're adding jobs to the economy. in fact, those jobs we added in november and december turns out the government underestimated how many there were, and as one cnbc contributor jokingly put it, the u.s. is threatened by job inflation. it's good news for the white house, right? yes, but between gun safety, immigration reform, the sequester, the budget, and a number of the international crises, there is no rest for the weary. in...
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Feb 3, 2013
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how do you see the economy? >> i see the economy as being fragile. but definitely moving in the right direction. alex, it's why we have to be so careful with regard to what we do in congress. a lot of the problems that could come about with regard to gdp is a result of the public and business feeling a certain level of uncertainty. we have to make -- we have to do what we are supposed to do in congress, come to reasonable decisions. we have to have some cuts. those cuts have to be reasonable and careful and we have to make sure that we do nothing to stop this fragile economy from growing. we have already seen the effect on the gdp from the last quarter. we can't have that happening again. we have to move forward. >> the president in this address mentioned home prices started to climb again. i know you have done a lot of work on the housing crisis. is it improving and what can the government do to help? >> there are pockets in baltimore and cleveland and detroit and a number of our cities where foreclosure is at an all-time high. people have lost just
how do you see the economy? >> i see the economy as being fragile. but definitely moving in the right direction. alex, it's why we have to be so careful with regard to what we do in congress. a lot of the problems that could come about with regard to gdp is a result of the public and business feeling a certain level of uncertainty. we have to make -- we have to do what we are supposed to do in congress, come to reasonable decisions. we have to have some cuts. those cuts have to be...
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Feb 5, 2013
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war on women everything but the bad economy. strategic, purposeful? >> yes, but i would like to concentrate what is being repeated on the "new york times" and editorials why the president himself, he says if we want to do something to reduce these gun shootings all we have to do is for the american people to want to do something. no, we need the aclu and mentally ill to stop this shooting. this kid that was kidnapped in alabama and finally released, that was crazy man that took him. everyone knew he was crazy. american sniper great american male, more shots at the enemy he was killed by a man with a history of mental problems. >> sean: conservative talk radio. >> aurora, tucson, this is crazy people. everything they are telling you what they can do about guns is lie. problem with universal background checks one,have them now. any licensed gun dealer is performing a background check. if you are walking through a gun show, everybody is doing background checks. the only people who are not suggested to background checks are people giving them to their son
war on women everything but the bad economy. strategic, purposeful? >> yes, but i would like to concentrate what is being repeated on the "new york times" and editorials why the president himself, he says if we want to do something to reduce these gun shootings all we have to do is for the american people to want to do something. no, we need the aclu and mentally ill to stop this shooting. this kid that was kidnapped in alabama and finally released, that was crazy man that took...
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Feb 4, 2013
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truth is, overall there were a lot of positives to the economy. the big problem is defense spending was cut 22 percent. it was the biggest drop in 42 years. it was very abrupt. it had to do with folks being worried about the possible impacts of the fiscal cliff and what goes on in washington. what i have said repeatedly is washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do that there's no reason why we can't have really strong growth in 2013. but we can't have washington dysfunction getting in the way. >> we will talk about that more this morning with donald trump. he joins us with fox and friends at 7:00 today. >>> before we leave the house let's get the first degree weather update with maria molina. >> it is cold. how is the weather looking for the rest of the? >> good news we could
truth is, overall there were a lot of positives to the economy. the big problem is defense spending was cut 22 percent. it was the biggest drop in 42 years. it was very abrupt. it had to do with folks being worried about the possible impacts of the fiscal cliff and what goes on in washington. what i have said repeatedly is washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a...
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do you see the economy growing? >> the good news is the economy is growing. but the bad news it is such a slow rate, a glacier like speed. but that is great news for the market. because that allows the fed to keep lumping the money. lou: harvey eisen, it is great to have you here. >> thank you. lou: turning to the box office. a romantic comedy featuring a zombie heartthrob. "warm bodies" earni $20 million in its opening weekend. younger audiences accounting for 65% of those ticket ssales. coming in fourth is "hansel and gretel", and then "silver linings playbook." so the super bowl on a power outage. they believe that it was caused due to the superdome's electrical system. no one knows who and what is responsible. it may take days to actually verify the most recent explanation. we have now moved from super bowl blackout to acknowledging responsibility, even outside washington dc. i'm next, the mayor of the murder capital of america america. we will outline it in the "chalk talk" next. and the escalating violence has jesse jackson calling for law. i'm serious,
do you see the economy growing? >> the good news is the economy is growing. but the bad news it is such a slow rate, a glacier like speed. but that is great news for the market. because that allows the fed to keep lumping the money. lou: harvey eisen, it is great to have you here. >> thank you. lou: turning to the box office. a romantic comedy featuring a zombie heartthrob. "warm bodies" earni $20 million in its opening weekend. younger audiences accounting for 65% of...
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Jan 29, 2013
01/13
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economy. just picture health care center that only grows 75% over the next ten years. that takes frees up $2 trillion of economic resources. $500 billion of those in the pocket of house holgtd -- hold people and their families. they can use to spend on other priority for their own lives. that has a foacial create a tremendous number of jobs elsewhere in the economy. taking the pressure of the employers, by slowing the growth of health spending. frees them up to innovation and create other jobs that aren't necessarily in the health care sector. without losing much in the amount of revenue and the potential employment in the health care sector. i think we need to look beyond the health care sector and think about how we can better use the resource to support not only public endeavor like education and public safety and roads, but also money that can be pumped to the private sector where house hold have more disposable income to use for other things they want to -- purchase. >> we are almost at t
economy. just picture health care center that only grows 75% over the next ten years. that takes frees up $2 trillion of economic resources. $500 billion of those in the pocket of house holgtd -- hold people and their families. they can use to spend on other priority for their own lives. that has a foacial create a tremendous number of jobs elsewhere in the economy. taking the pressure of the employers, by slowing the growth of health spending. frees them up to innovation and create other jobs...
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the economy, the majority of americans thought the economy was in recession. economy was weak from beginning to end. the main programs that president obama had were vastly unpopular. obamacare and the stimulus package. republicans had come off the 2010 midterm election and had an epic victory and were thought to be enthusiastic. it's not just that mitt romney lost but then he lost by a substantial margin. republicans lost two senate seats when a lot of people thought they could regain control of the senate. they lost eight house seats. it was a very bad election and a warning sign for the republican party. since then, republicans have been wandering around and try to get their feet under them. there's a realization the partisan trouble and people are not quite sure what needs to be done about it. that is good in a sense that i think now is left 1000 flowers bloom. a lot of people need to offer some alternatives about what needs to be done. host: what is your chief concern? guest: right now the republican party is on a losing track, partly because of demographi
the economy, the majority of americans thought the economy was in recession. economy was weak from beginning to end. the main programs that president obama had were vastly unpopular. obamacare and the stimulus package. republicans had come off the 2010 midterm election and had an epic victory and were thought to be enthusiastic. it's not just that mitt romney lost but then he lost by a substantial margin. republicans lost two senate seats when a lot of people thought they could regain control...
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the economy on a bit of a see-saw. republicans here say the president having a hard time explaining that. his jobs council expires today. meantime as you noted, the dead ceiling has been extended allowing more borrowing through late may. what congress has not done prevent the big spending cuts coming in march. we'll follow that. >> tracie potts in washington, thanks so much for that. >>> the family of a 5-year-old boy being held captive in alabama say they are, quote, holding on by a thread, waiting for that boy's release. tuesday, 65-year-old jimmy lee dykes is accused of kidnapping the boy and killing the bus driver. ethan is held in an underground bunker and reportedly not been harmed. negotiators have been talking to dykes through a pipe but say there are no signs of progress. >>> it was a dramatic and contentious day of testimony for chuck hagel. nbc's kelly o'donnell has more. >> reporter: john mccain seized on hagel's opposition to the surge in iraq. >> the question is, are we right or wrong, that's a pretty str
the economy on a bit of a see-saw. republicans here say the president having a hard time explaining that. his jobs council expires today. meantime as you noted, the dead ceiling has been extended allowing more borrowing through late may. what congress has not done prevent the big spending cuts coming in march. we'll follow that. >> tracie potts in washington, thanks so much for that. >>> the family of a 5-year-old boy being held captive in alabama say they are, quote, holding on...
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and its economy. the report will be coming after the washington post, "the new york times" and the wall street journal announced attacks on their commuter systems, suspected of coming from chine newscast. twitter said on friday extremely sophisticated hackers from an unidentified place may have stolen user names, e-mail addresses and passwords of 250,000 customers, just a few hundred e-mail accounts hit after the department of energy. the u.s. has made little progress in the negotiations with china to stop the cack it denies it's behind. >> they are our number one adversary, whether you think militarily in the cyberdomain, economic, when you look at economic espionage, chine china is our biggest threat. >> now the u.s. is considering new economic and diplomatic steps to fight chinese hacking according to fortunately times. that will include more information sharing between washington and private companies to protect critical systems and infrastructure like power grids and communications systems. admin
and its economy. the report will be coming after the washington post, "the new york times" and the wall street journal announced attacks on their commuter systems, suspected of coming from chine newscast. twitter said on friday extremely sophisticated hackers from an unidentified place may have stolen user names, e-mail addresses and passwords of 250,000 customers, just a few hundred e-mail accounts hit after the department of energy. the u.s. has made little progress in the...
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it is supposed to stimulate the economy. in its starts falling. government spending in almost every quarter since has been dropping dropping, dropping. this meant that we are spending more and more and more. you're actually spending less. we have big deficits. lori: the decrease in government spending continue to equate it to the government downsizing? many republicans are looking. spending cuts. >> a little bit. it is not drmatic. it is not the size of government is falling of a cliff, his traveling down, not up. lori: the senate approved a house plan to approve the debt ceiling and hold off on congressional pay if they don't get a budget deal for the next ten years. you say this is more of a risk and even the fiscal cliff was. >> oh, yes. the debt ceiling is a potentially large fiscal contraction like the fiscal cliff was. even bigger, actually, if you do the math. debt ceiling is you cannot borrow, so you have to balance the budget tomorrow. in addition to that, there was the kind of not very real threat that we might default on the national de
it is supposed to stimulate the economy. in its starts falling. government spending in almost every quarter since has been dropping dropping, dropping. this meant that we are spending more and more and more. you're actually spending less. we have big deficits. lori: the decrease in government spending continue to equate it to the government downsizing? many republicans are looking. spending cuts. >> a little bit. it is not drmatic. it is not the size of government is falling of a cliff,...
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what is that going to do to the economy? it's already shrink ing and the unemployment rate is going up. what will it do to your money? see you tomorrow morning on the fox business network. here you go little man. [ humming ] [ babbling ] the cheerios bandit got you again? [ both laugh ] ♪ the one and only, cheerios ♪ the one and only, cheerios i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes a subaru a subaru. >>> do you have trouble driving 55? won't be a problem any more. today maryland officials announced the speed limit on the inter county contour is 60 miles per hour. made the decision after looking at the results of engineering or crash study. the increase will not take affect until next month. >> prices at the pump are on their way up again. the national avera
what is that going to do to the economy? it's already shrink ing and the unemployment rate is going up. what will it do to your money? see you tomorrow morning on the fox business network. here you go little man. [ humming ] [ babbling ] the cheerios bandit got you again? [ both laugh ] ♪ the one and only, cheerios ♪ the one and only, cheerios i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster!...
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and into emerging economies. >> jennifer: so is that why coal is now a dollar a ton? these companies are buying it for so cheap; is that why? >> that is sort of a scandal in of itself. the majority of coal is from an area called the power river basin, and most of that is federally owned coal, and the federal government is responsible for -- >> jennifer: wait, when you say federally owned coal, you are talking it is leased -- they go down, but it is on public lands. >> exactly. it is on public lands, and the rocks themselves belong to the american taxpayers, and the federal government is responsible for leasing that land to the coal industry in a responsible way. but in reality they are selling it for as low as a dollar a ton. and that has resulted in a over $30 billion subsidy to the coal industry. >> jennifer: so you have the potential for the building of these ocean terminals which will be places from which all of that coal will go over to china. where do the proposals to build that stand now? who is responsible for approving them? >> the good news now is there is n
and into emerging economies. >> jennifer: so is that why coal is now a dollar a ton? these companies are buying it for so cheap; is that why? >> that is sort of a scandal in of itself. the majority of coal is from an area called the power river basin, and most of that is federally owned coal, and the federal government is responsible for -- >> jennifer: wait, when you say federally owned coal, you are talking it is leased -- they go down, but it is on public lands. >>...
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our economy was that bad. if i can play amateur cultural anthropologist for a moment -- what we have seen are some interesting psychological processes going on. so many people over the last few years with great education and great skills know their job security is fragile. as a way to protect yourself, people like to think that that could never happen to me. i am good enough that i would not lose my job or if i did, i would certainly be able to find something away. in some ways by turning on the unemployed and putting it on them, in some ways, there is a bizarre defense mechanism that makes people feel more secure about their own jobs in a fragile economy. i think there is a lot of complex factors going on here. it is certainly eroded very deeply in a complete misunderstanding of just how bad the economy and the recovery has been. host: what is the best way to protect these people? guest: is important for them to be honest and talk about why you lost your job and talk in detail -- if it was because the company
our economy was that bad. if i can play amateur cultural anthropologist for a moment -- what we have seen are some interesting psychological processes going on. so many people over the last few years with great education and great skills know their job security is fragile. as a way to protect yourself, people like to think that that could never happen to me. i am good enough that i would not lose my job or if i did, i would certainly be able to find something away. in some ways by turning on...
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Jan 30, 2013
01/13
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it's the norm because the economy collapsed. we all remember that the economy collapsed. and to withdraw federal spending from a collapsing economy is only to make things worse. the economic collapse created these deficits, and as the economy recovers, we can draw this will down. now, there's not aagreement on that. some have preached austerity as the way forward when the economy coul lapses. -- collapses of the and when this withstand, there was lively debate between those who support that would be more sensible than austerity. we're past us a started and now into experience much the experience of foreign countries belies that austerity works when economies are collapse ago. from spain to greece, european countries that responded to the economic downturn by slashing their budgets are suffering from shrinking economies and persistent double-digit unemployment rates. a recent i.m.f. report estimates that budget austerity in a weak economy might actually inflict significant harm and have a much lower-than-expected effect on the deficit, consistent with the observations in e
it's the norm because the economy collapsed. we all remember that the economy collapsed. and to withdraw federal spending from a collapsing economy is only to make things worse. the economic collapse created these deficits, and as the economy recovers, we can draw this will down. now, there's not aagreement on that. some have preached austerity as the way forward when the economy coul lapses. -- collapses of the and when this withstand, there was lively debate between those who support that...
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we're deficit doves in a down economy, and deficit hawks in a strong economy. at a time like this, what you really need is faster growth. by the way, not only will that help put more people to work, but it will actually help reduce your budget deficit ironically because those people will be working, paying taxes, they won't be drawing on government benefits. when you're into a robust economic recovery, that's when you want to start serious deficit reduction. but if you do it too soon -- and we've seen this in europe. all that austerity. if you do it too soon, not only does it not work on the growth side it actually hurts you on the government debt side. >> okay. politics here, though, with republicans calling for all this deficit reduction -- they control the house -- is it politically not viable for paul krugman and you to get your wish? >> apparently it's less viable than perhaps it ought to be if we were just going on the economics. look, i think the thing that maybe paul and certainly me are both saying is, it may be unrealistic to expect more stimulus spen
we're deficit doves in a down economy, and deficit hawks in a strong economy. at a time like this, what you really need is faster growth. by the way, not only will that help put more people to work, but it will actually help reduce your budget deficit ironically because those people will be working, paying taxes, they won't be drawing on government benefits. when you're into a robust economic recovery, that's when you want to start serious deficit reduction. but if you do it too soon -- and...
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economy? >> well, i think he made a really good point and important point that we need to remember about the importance of people having the opportunity to stay and build a life here once they've been educated here. i also think that less than 5% of the entire workforce is undocumented, and most of those workers are paying working in low-wage, very dangerous vulnerable jobs. if we can bring them out of the shadows and invest in the quality of those jobs and a road to citizenship for those workers we can address economic inequality and create millions of quality good jobs to strengthen the economy for everyone. i think it's important to talk about the high-tech workers and the opportunities there and we should really think about how we're investing in the quality of low-wage jobs and addressing economic and equality through this plan. >> jennifer: thank you so much to both of you for coming inside "the war room." al-gen patio and maria eschevez. michael tomasky will tell us if it has a chance o
economy? >> well, i think he made a really good point and important point that we need to remember about the importance of people having the opportunity to stay and build a life here once they've been educated here. i also think that less than 5% of the entire workforce is undocumented, and most of those workers are paying working in low-wage, very dangerous vulnerable jobs. if we can bring them out of the shadows and invest in the quality of those jobs and a road to citizenship for those...
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. >>> now to the economy. and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. >> well, today the president travels to minneapolis where he'll push for proposals to gun control durs his visit. susan mcginnis is in washington. good morning. >> good morning. this will be the president's first trip outside washington to push his gun proposalproposals. he's pushing for a big rally in support of this. in the meantime the senators are said to be preparing their own legislation very similar to the president's employee posal but conspicuously absent is t
. >>> now to the economy. and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like...
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Feb 4, 2013
02/13
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the idea that this is going to be a huge boon to the economy, tell that to the middle class worker in ohio who sees his wages stagnated and other people who have been unemployed for long periods of time. >> the difficulty for the republican party is there is a discount define primary politics and general election politics and what rubio understands is it doesn't do you good to win a nomination if you have rendered yourself unelect act in the fall. chris do you think republicans will go along with something along these lines? >> i don't unless there is real enforcement and it is verifiable not the appointment of another commission, unless it is real enforcement, it will not work. i don't think it will go through in my view. >>chris: see you next week. check out where our group picks up with the discussion on our website and well post the video before noon eastern time. follow us on twitter. next, our power player of the week. >> chris: it is common practice for people to use words. she is our power play player of the week. >> to comfort us when we have losses, to celebrate us our joys
the idea that this is going to be a huge boon to the economy, tell that to the middle class worker in ohio who sees his wages stagnated and other people who have been unemployed for long periods of time. >> the difficulty for the republican party is there is a discount define primary politics and general election politics and what rubio understands is it doesn't do you good to win a nomination if you have rendered yourself unelect act in the fall. chris do you think republicans will go...
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Jan 31, 2013
01/13
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give fact that the fuel economy standards aren't fuel economy standards -- [inaudible] said previously about trying to get more drop in fuels to the market would seem to be a way to achieve that standard. if you're going forward in the mid course contradiction, you know, 40 miles per hour with the total renewable meets the goal anyway. so i would like to get your comment on that. also, given the fact that the new turbo charged engine to operate peek efficiency need higher combustion and of course contain. do you have any thought to having a new fuel through tier three that would have the higher of course october -- of blank you're points are excellent ones. i think try to address it to be clear we support the drop in can be properly processed not just arbitrary produce drop in. we have to do it open-mindedly. with a specific of course contain that is dangerous the same carbon tanks. yeah. we could do better with better design fuels, that's for sure. octane is very important, but what we need most is we need to have narrowly specified fuel so we can optimize to that fuel. it doesn't mak
give fact that the fuel economy standards aren't fuel economy standards -- [inaudible] said previously about trying to get more drop in fuels to the market would seem to be a way to achieve that standard. if you're going forward in the mid course contradiction, you know, 40 miles per hour with the total renewable meets the goal anyway. so i would like to get your comment on that. also, given the fact that the new turbo charged engine to operate peek efficiency need higher combustion and of...
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Jan 29, 2013
01/13
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there are people concerned about how much this is going to cost the american economy. we have to be frank of dealing with that. we owe $16 trillion. >> there's a small majority of americans, 51% support a plan that allows undocumented workers to stay and apply for citizenship. they hope to vote in march. jim is joining us. good morning. >> how are you? >> the senate is all in on this one. this is a big comprehensive plan. >> it is. i think it is significant. chuck schumer was saying you have mccain and rubio up there with chuck schumer shows there's bipartisan appeal. it could fall apart. house republicans gave the cool response. there was barely a republican leader in the house who said a nice deal. >> would they rather see it piecemeal? >> rather piecemeal and without a pathway to citizenship. it's the most important component. you had rush limbaugh saying i'm calling on my listeners and fox news to unite to kill this plan. he's talking marco rubio in particular. >> the citizenship part? >> totally. it's the pathway to citizenship. the idea that some people that came
there are people concerned about how much this is going to cost the american economy. we have to be frank of dealing with that. we owe $16 trillion. >> there's a small majority of americans, 51% support a plan that allows undocumented workers to stay and apply for citizenship. they hope to vote in march. jim is joining us. good morning. >> how are you? >> the senate is all in on this one. this is a big comprehensive plan. >> it is. i think it is significant. chuck...
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Jan 29, 2013
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we are trying to regain the health of the japanese economy. thank you. >> thank you, thank you very much. >> thank you mr. akira amari. >> i would like to commend akira amari in the government and the bank of japan for their commitment. the importance of that and managing expectations and the second point is about the operation of having independent -- operational independence with a mandate and i will give you three cases. but the responsibility of the central bank is is to determine the have to take into account issues such as trevor has raised about the broader impact on the economy and the impact on financial durability, including global and financial considerations so if you're in the case of my central bank and you are returning to inflation and you have a potential issue with household credit, you might take a little bit longer to get that back to 2%. the policy might be a little bit tighter support these measures. you might take a little longer to get back, given the issues that trevor was flagging. if you're coming from below, and you
we are trying to regain the health of the japanese economy. thank you. >> thank you, thank you very much. >> thank you mr. akira amari. >> i would like to commend akira amari in the government and the bank of japan for their commitment. the importance of that and managing expectations and the second point is about the operation of having independent -- operational independence with a mandate and i will give you three cases. but the responsibility of the central bank is is to...
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Feb 3, 2013
02/13
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >> i just receive add note i misspoke about the president's position on containment which, obviously, we don't have a position on containment. to make sure, your correction is clear, you do have a position on containment, and that is that we do not favor containment. >>chris: defense secretary nominee chuck hagel struggling in the senate confirmation hearing, when asked of the united states policy on iran's nuclear program. time now for our sunday group, rep
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger......
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Feb 4, 2013
02/13
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the economy has grown thermostatically about 1.7, 2%. we've added basically the same number of jobs in 2011 and 2012. the stockmarket, reflects not just what's happening in the u.s. but also the disappearance. europe has slowly healed itself or the financial markets in europe. china didn't go into resomething else the way we thought it would. with those concerns cleared out, people could focus on the private sector and say, we are actually recovering. >> bill: all good signs. derek thompson senior editor for the atlantic.com. follow derrick on twitter at dkthomp. [ music ] >> this is "the bill press show." current tv, it's been all building up to this. >>bill shares his views, now it's your turn. >>i know you're going to want to weigh in on these issues. >>connect with "full court press with bill press" at facebook.com/billpressshow >>i believe people are hungry for it. [ music ] >> taking your e-mails on any topic at any time? this is "the bill press show," live on your radio and current tv. >> joe cirincione joins us on the "full-court
the economy has grown thermostatically about 1.7, 2%. we've added basically the same number of jobs in 2011 and 2012. the stockmarket, reflects not just what's happening in the u.s. but also the disappearance. europe has slowly healed itself or the financial markets in europe. china didn't go into resomething else the way we thought it would. with those concerns cleared out, people could focus on the private sector and say, we are actually recovering. >> bill: all good signs. derek...
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Feb 1, 2013
02/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> i've never seen a doctor cry. you are about to see a doctor who did 20 years in the er as he put it never broke a tear until december 14th when he was in charge of the er that was suddenly overwhelmed by the massacre in sandy hook. last night the connecticut's legislature bipartisan task force held it's final hearing at newtown high school. dr. william begg made this plea. >> thank you. what is my inspiration for coming tonight. i'm a parent of three newtown students and the parent of the medical staff here at the high school. i'm part of the group that formed the response to the shootings and i'm an er doctor that was on shift on december 14th. wha
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> i've never seen a doctor cry. you are about to see a doctor who did 20 years in...
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. >> this economy is headed in the right direction ask will stay that way as long as there aren't any self inflekted wounds-Ñ;n. >> it's a lot of money. it's down nearly $1.1 trillion. at a peak of $1.4 trillion at the end of president bush's second term. experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs to pass a final vote next week. the u.s. military appears ready to extend benefits to same-sex partners of service members. a final decision has not been made on which benefits would be included. pentagon is likely to aallow the partners to have access to some programs. the pentagon repealed a ban on openly gay service men and women 16 months ago stit of florida's python challenge seems to beç&ój paying dividen. the commission says 50 nonnative pythons have been captured during the first three weeks of the competition. officials organized this contevt to raise awareness about the snake's threat to wildlife. about
. >> this economy is headed in the right direction ask will stay that way as long as there aren't any self inflekted wounds-Ñ;n. >> it's a lot of money. it's down nearly $1.1 trillion. at a peak of $1.4 trillion at the end of president bush's second term. experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs...
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Feb 5, 2013
02/13
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WUSA
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with business and labor leader today hoping to convince them immigration reform will be good for the economy. >>> almost five months after the tragedy at a u.s. cons last ulat killed americans in libya, they voted to improve security overseas. the measure heads to the house. pla [ applause ]. >>> monday was john kerry's first day on the job as secretary of state. he joked about his predecessor, hillary clinton, saying he had big heels to fill. >>> public records indicate superdome officials were worried about a possible blackout months before the super bowl. officials still aren't sure what caused the 34-minute blackout. according to the "new orleans times picayune," they're looking at equipment that controls the flow of electricity from the power company to the stadium. now it was part of a recent multimillion dollar upgrade. armen ketayan was there. >> reporter: the root cause remains under investigation. the superdome executive doug thornton said it was a shutdown to one of the main lines powering the dome. >> all we know is we had an interruption in service. >> reporter: he said power to
with business and labor leader today hoping to convince them immigration reform will be good for the economy. >>> almost five months after the tragedy at a u.s. cons last ulat killed americans in libya, they voted to improve security overseas. the measure heads to the house. pla [ applause ]. >>> monday was john kerry's first day on the job as secretary of state. he joked about his predecessor, hillary clinton, saying he had big heels to fill. >>> public records...
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Jan 30, 2013
01/13
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we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following the president so-called recess appointments, the courts have now ruled disappointment were illegally made, unconstitutional. so we have now is the nlrb operating under a cloud of uncertainty. i'm introducing legislation this week focused specifically on that and making sure there are no more nlrb rules or regulations coming out until the court fully in the supreme court resolve the issue. it is more and more of a problem if they continue to come up with rules and regulations causing additional uncertainty and as a result, i say it is time for the president to stop trying to sidestep the constitution, sites that seneca we
we to think of that for jobs and the economy. talking about economic growth and jobs in the worst thing you can do is raise taxes. as we get in the budget debate, i hope it will focus the light squarely where it should be and that is on the past three years democrats lack of budget and their budget this year is near them talk about it which proposes more tax increases with jobs growth in the economy. >> following the president so-called recess appointments, the courts have now ruled...